Deutsche Lufthansa AG - a member of Star Alliance - has declared that it's 30% equity holding in bmi British Midland - a member of Star Alliance meant that the former absorbed a €66 000 000 / US$70 158 000.

Lufthansa has a 30% stake in bmi minus one share. CEO of bmi Austin Reed said the FY2002 had left an "ugly scar" on the group and sufferred "the biggest single year loss in the company's history."

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